Public Arena Scores a $23 Million Goal
The Client
Public Arena
Measurable Result
With SVA’s guidance, the venue benefited from $23 million in city bond proceeds, without leveraging the venue itself. The proceeds were used to purchase a hockey franchise and renovate the venue.
The Story
A large public venue who plays hosts to numerous concerts, sporting events, comedy shows and family entertainment as well as being the “home arena” for hockey, indoor football and soccer, was seeking funding for a major expansion.
The venue’s management retained SVA Certified Public Accountants to assist in preparing for negotiations with the city and other public funding sources.
SVA helped the client by negotiating and assisting in preparation of the documentation requirements of the funding sources and defining future reporting.